Technical analysis of oil (Dani Leviant)
Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.
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Oil quotes maintain an upward trend on Thursday. The reason for the strengthening of oil prices continues to be optimistic expectations from possible the US – China trade deal.
Brent brand chart (current price: $ 64.70)
Brent brand is trading with strengthening, keeping upward dynamics on general optimism, limited to overbought.